Solana (SOL)
Rank #7
Market snapshot
- Price
- $85.45
- Market cap
- $49.8B
- 24h volume
- $4.6B
- Circulating supply
- 583,006,496.5692
- Total supply
- 632,514,039.9617
- Max supply
- N/A
What is Solana?
Solana is a cryptocurrency that operates on the Solana network, which is designed to facilitate decentralized applications and crypto projects. As a layer-1 platform, it aims to provide a scalable and efficient infrastructure for developers and users. Solana is recognized in various categories, including its role in the Solana ecosystem and its classification as a proof-of-stake asset.
Key information
- Symbol
- SOL
- CMC rank
- #7
- Network / platforms
Solana
- Categories
- Proof of stake
- Date added
- Apr 10, 2020
Contract address
Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.
Solana
So11111111111111111111111111111111111111111
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is Solana (SOL)?
- Solana (SOL) is a cryptocurrency that operates on the Solana network, which is categorized as a platform and layer-1 asset.
- What are the risks associated with transferring Solana?
- Digital asset prices can be volatile, and users should verify the contract address and network before transferring assets.
- How can I verify the acquisition of Solana?
- Verify the asset name, network, and contract details before transferring, and ensure the destination address is correct.
- Where can I find official resources for Solana?
- Official resources for Solana include its website at https://solana.com and its whitepaper at https://solana.com/solana-whitepaper.pdf.
